Red Plc has the following working capital data; debtor days are 46, stock days are 55, and

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Red Plc has the following working capital data; debtor days are 46, stock days are 55, and creditor days are 38. What is the length of the company’s operating cycle?

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Core Concepts of Accounting

ISBN: 978-0470499474

2nd edition

Authors: Cecily A. Raiborn

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Posted Date: May 06, 2023 04:17 PM

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Red Plc has the following working capital data; debtor days are 46, stock days are 55, and

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The operating cycle is the sum of the debtor days an... View the full answer

Core Concepts of Accounting

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